SI BELLA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SI BELLA
Largest movements
- Receivables within one year +€125,935
up €125,935 (+139%), from €90,895 to €216,830
of which Trade receivables: +€92,158
- Deferred charges and accrued income -€54,193
down €54,193 (-66.9%), from €81,021 to €26,828
- Cash -€34,641
down €34,641 (-61.8%), from €56,039 to €21,398
mainly Receivables within one year (-€125,935) and Investment in fixed assets (net) (-€2,373)
- Tax, wage and social debts +€27,086
up €27,086 (+15.6%), from €173,088 to €200,174
of which Taxes: +€38,496
- Profit (loss) carried forward +€12,137
up €12,137 (+28.7%), from €42,299 to €54,436
- Gross operating margin -€115,044
down €115,044 (-67.1%), from €171,471 to €56,428
- Staff costs -€105,730
down €105,730 (-76.4%), from €138,445 to €32,714
- Taxes +€3,008
up €3,008 (+40.8%), from €7,369 to €10,377
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,524 | €274,747 | +€39,222 | +16.7% |
| Fixed assets | 21/28 | €3,703 | €5,825 | +€2,122 | +57.3% |
| Tangible fixed assets | 22/27 | €478 | €2,600 | +€2,122 | +444% |
| Plant, machinery and equipment | 23 | €420 | €2,082 | +€1,662 | +396% |
| Furniture and vehicles | 24 | - | €518 | +€518 | |
| Other tangible fixed assets | 26 | €59 | - | -€59 | |
| Financial fixed assets | 28 | €3,225 | €3,225 | = | 0.0% |
| Current assets | 29/58 | €231,821 | €268,921 | +€37,101 | +16.0% |
| Stocks and contracts in progress | 3 | €3,866 | €3,866 | = | 0.0% |
| Stocks | 30/36 | €3,866 | €3,866 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €90,895 | €216,830 | +€125,935 | +139% |
| Trade receivables | 40 | €29,258 | €121,417 | +€92,158 | +315% |
| Other amounts receivable | 41 | €61,637 | €95,413 | +€33,776 | +54.8% |
| Cash at bank and in hand | 54/58 | €56,039 | €21,398 | -€34,641 | -61.8% |
| Deferred charges and accrued income | 490/1 | €81,021 | €26,828 | -€54,193 | -66.9% |
| Total equity and liabilities | 10/49 | €235,524 | €274,747 | +€39,222 | +16.7% |
| Equity | 10/15 | €42,299 | €54,436 | +€12,137 | +28.7% |
| Profit (loss) carried forward | 14 | €42,299 | €54,436 | +€12,137 | +28.7% |
| Amounts payable | 17/49 | €193,225 | €220,311 | +€27,086 | +14.0% |
| Amounts payable within one year | 42/48 | €193,225 | €220,311 | +€27,086 | +14.0% |
| Taxes, remuneration and social security | 45 | €173,088 | €200,174 | +€27,086 | +15.6% |
| Taxes | 450/3 | €105,925 | €144,421 | +€38,496 | +36.3% |
| Remuneration and social security | 454/9 | €67,163 | €55,753 | -€11,410 | -17.0% |
| Other amounts payable | 47/48 | €20,137 | €20,137 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €138,445 | €32,714 | -€105,730 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | €252 | +€46 | +22.5% |
| Other operating charges | 640/8 | - | €886 | +€886 | |
| Gross operating margin | 9900 | €171,471 | €56,428 | -€115,044 | -67.1% |
| Operating profit (loss) | 9901 | €32,821 | €22,575 | -€10,246 | -31.2% |
| Financial charges | 65/66B | €43 | €61 | +€18 | +41.6% |
| Recurring financial charges | 65 | €43 | €61 | +€18 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €32,778 | €22,514 | -€10,264 | -31.3% |
| Income taxes | 67/77 | €7,369 | €10,377 | +€3,008 | +40.8% |
| Profit (loss) for the period | 9904 | €25,409 | €12,137 | -€13,272 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,409 | €12,137 | -€13,272 | -52.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.